College station luxury duplex

[Farhan Qazi]

Hello BP investors. I’m an investor out of Houston and interested in adding a property in College Station to my portfolio. I’ve looked at the newer 4/4.5 or 5/5.5 duplexes and they seem to cash flow well. 

I am concerned about the market saturation since there seems to be a lot of these available or being built. Does anyone have feedback on these types of investments or general CS market? Most are within 1.5 miles of campus which is great. 

Thanks for any feedback. 

[James Harville]

I can't tell you about the market details, but I am sure you will always find students to fill it.  Bryan/College Station the entire area is growing still.  Students can be flaky, but if I could offer one tip or advice - find students in a science degree that are in their junior year or higher.  This can easily come up in conversation.  If they fill your units, they probably wont leave until the lease is up... because frankly any science major at A&M, Texas Tech, or UT doesn't have time for anything else but school.